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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31963. (Read 26731635 times)

legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
sr. member
Activity: 462
Merit: 250
sr. member
Activity: 532
Merit: 261
­バカ
stop crying, you make bulls look bad
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1008
Merit: 1000
Who would have thought that the first, second, and THIRD great Bitcoin crash would all be caused by Gox?  Grin

http://www.youtube.com/watch?v=K2ku1A5Ox8U
hero member
Activity: 588
Merit: 500
what is going on on mtgox where they hacked buys and sells are executing at high frequency http://bitcointicker.co/
legendary
Activity: 840
Merit: 1000
Hilarious history repeating itself. I think the last time this happened was at like 5-7$ range in February 2012. Such bullshit this can still happen. Pure incompetence.  
sr. member
Activity: 462
Merit: 250
"roll back"? is this guy for real?

Yeah he is. You see in 2011 Gox was hacked and the hacker execute all the orders in the book down to under $1!

I guess Mark think hes smart by fcking put a trigger to roll back if there are so many orders executed! Genius!
legendary
Activity: 4284
Merit: 5215
You're never too old to think young.
hero member
Activity: 686
Merit: 500
Ultranode
What on earth just happened on Gox?  Gox trying to up their volume numbers?  Obvious bot buying & selling their own orders... so strange...

No. The great incompetent Mark revealed in IRC that a huge sell triggered a security "feature" that pauses trading. So, as soon as Gox is back to normal, the sell will continue. Just a heads up for everyone who doesn't use Gox and wants to stay ahead of the trend.

Thanks Mark, you are so thoughtful
full member
Activity: 126
Merit: 100
Shows there is still dissonance between the market and the technology - as the market expands this is going to et worse unless ALL the exchanges ensure they have their shit together (technical term that).

tl;dr Current Exchanges = Shit

Why haven't real forex exchanges gotten on board? Where is Oanda?

I'd like to take this conversation offline. This is the next barrier to entry.
hero member
Activity: 686
Merit: 500
"roll back"? is this guy for real?
sr. member
Activity: 336
Merit: 250
♫ the AM bear who cares ♫
Crazy shit always happens at the end of bubbles. That is just the nature of stresstesting the shitty infrastructure we have.

What's your strategy for bubbles, typically?
N12
donator
Activity: 1610
Merit: 1010
Crazy shit always happens at the end of bubbles. That is just the nature of stresstesting the shitty infrastructure we have.
sr. member
Activity: 461
Merit: 251
What on earth just happened on Gox?  Gox trying to up their volume numbers?  Obvious bot buying & selling their own orders... so strange...
legendary
Activity: 896
Merit: 1001
What would you do with 4,400,000 gox bux?
sr. member
Activity: 336
Merit: 250
♫ the AM bear who cares ♫
Shows there is still dissonance between the market and the technology - as the market expands this is going to et worse unless ALL the exchanges ensure they have their shit together (technical term that).

tl;dr Current Exchanges = Shit

Why haven't real forex exchanges gotten on board? Where is Oanda?
full member
Activity: 238
Merit: 100
Thank God Mark put some "security" in his trading engine!

 RELIABLE

We're always on. Buy and sell Bitcoin 24/7/365 with the world's most sophisticated trading platform.
newbie
Activity: 46
Merit: 0
http://imgur.com/tqozO8F gox as observed over the last 30 min or so on bitcointicker.co
hero member
Activity: 686
Merit: 500
Ultranode
Quote
[04:48:45] <@MagicalTux> very large sell order matching too many buy orders, causing the security system to stop the trade and rollback anything that was caused by it

These loops are not random but caused by large sells? So, if you have btc on another exchange, sell before Gox fixes the issue? lol

*edit*
Did mark really just let us all know that as soon as the bug is resolved a massive sell is coming through? really mark?
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